The Banking Executive Magazine - August Issue 2022

CAC International Bank CAC International Bank was founded in 2009, in the Republic of Djibouti, and has been since offering a wide range of outstanding products and services that cover commercial and corporate banking, retail, personal banking and private banking. Over the past few years, the Bank has grown to be one of the leading finan- cial Institutions in Djibouti under the guidance and control of a highly ex- perienced Board of Directors. The Bank attributes its success to two key components; a premium cus- tomer service which resulted to building close relationship with the customers, and tailored products to meet their specific needs. Service, quality, integrity and reliabil- ity are the bank’s competitive advan- tages. Setting itself as a trendsetter and a role model in the Djiboutian banking sector, CAC Bank is second-to-none when it comes to the adoption of technology, with a variety of tailored products and services that improve its customers’ experience. Being the first bank to introduce e-Banking, Mobile banking, POS machines that provide contactless payments and compatible with both MasterCard and Visa card payments as well as Cash Deposit Machines (CDM) that accepts cash and cheques in dual currencies here in the Djiboutian market, this has given CAC International Bank a significant edge over all the other banks in terms of coverage and they have retained this position to date. CAC International Bank has the largest ATM network in the country (22 ATMs) strategically located across Djibouti that dispenses dual currencies i.e.: Djiboutian Francs (DJF) and United States Dollars (USD). Included in some of the busiest spots in the city, like Djibouti Palace Kempinski & Sheraton Hotel (two of Djibouti’s leading Interna- tional Hotels). These ATMs accept all types of cards ranging from Union Pay, JCB, MasterCard, Visa, to Maes- tro as well as cards issued by Armed Forces Financial Network (AFFN). The state of the art digital products the BANKING EXECUTIVE 30 ISSUE 164 AUGUST 2022 CAC INTERNATIONAL BANK A LEADER IN THE DJIBOUTIAN BANKING SECTOR